Friday March 6th, 2015
Friday March 6th, 2015
Latest

How about non-financial investment?

  /   in Investors Forum 7:12 pm   /   Comments

economy

In the last edition, we published some of the responses of readers to the series on “You Can Invest”. Among other things, these responses reflect that Nigerians are interested in investment, and they are willing to learn, or acquire the necessary knowledge. Some of the responses were from young people, below 25 years, which is good for the future of the country.

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NB ventures into bitters market

  /   in Investors Forum 12:57 am   /   Comments

alcohol

Nigerian Breweries, NB Plc, NSE has said that it is venturing into the Nigeria bitters drink market with ACE Roots.

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Latest

Top 10 performing stocks

  /   in Investors Forum   /   Comments

Nigerian-Stock-Exchange-(NS

On the top 10 performing stocks last week were shares of UAC of Nigeria Plc. Union Bank of Nigeria Plc, Julius Berger Nig. Plc, Access Bank of Nigeria Plc, Ikeja Hotels Plc, and Chemical and Allied Products, CAP Plc.

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Demutualisation of Stock Exchange will attract more companies

  /   in Investors Forum   /   Comments

File photo: The  floor of Stock exchange

Securities and Exchange Commission SEC, the apex regulatory agency of the Nigerian capital market, stepped up efforts for the demutualisation of The Nigerian Stock Exchange (NSE), when it issued “Exposure draft rules on demutualisation of exchanges in Nigeria.”

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Readers response to ‘You can Invest’

  /   in Investors Forum 12:52 am   /   Comments

economy

Last week’s article concluded the series on “You can Invest”. Expectedly the series generated some reactions from readers in the form of questions and comments. A few of the questions and our responses are presented below for the benefit of other readers.

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Latest

Shareholders condemn SEC over dividend rulings (2)

  /   in Investors Forum   /   Comments

Unlike the Stock market, Forex trading is Online

SEC has come up with a new rule that dividend would be returned to the company to start up a new business outside its original business after one year of release without claim from shareholders. In continuation from last week’s edition, shareholders disapprove of such rule. They further argued that registrars also constitute a major challenge to the issue of dividend collection. This is because they do not effect change of address received from shareholders among others.

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Latest

Don’t invest in ‘get rich quick’ schemes

  /   in Investors Forum 12:55 am   /   Comments

economy

There are people that know they need to invest but they are afraid of losing money. The fear is fuelled by stories of friends, relatives or colleagues who had lost money in one investment or the other. But there are also stories of people who invested and did not lose money. To achieve this, all you need to do is observe the five basic laws of money.

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Latest

Shareholders condemn SEC over dividend rulings (1)

  /   in Investors Forum   /   Comments

shareholders

SEC has come up with a new rule that dividend would be returned to the company to start up a new business outside its original business after one year of release without claim from shareholders. In this interview, shareholders disapprove of such rule. They argue that companies do not release the dividend warrant until after four months and that the dividend warrant would also go through other processes, therefore the directive cannot work unless the Companies and Allied Matters Act is ammended.

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Latest

Top 10 performing stocks

  /   in Investors Forum   /   Comments

Unlike the Stock market, Forex trading is Online

On the top 10 performing stocks were the shares of Airline Services and Logistics, ASL Plc, Seplat Petroleum Development Company plc, Cadbury Nig. Plc, Okomu Oil Palm Co. Plc, Cement Company of Northern Nigeria, CCNN Plc and Vitafoam Nig. Plc.

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I don’t want to lose money (3)

  /   in Investors Forum 12:48 am   /   Comments

1000-naira-notes

“Money is lost when invested in things you are not familiar with”. This is the fourth basic law of money, according to the Richest Man in Babylon. It is also the reason why many people lose money in investment. It appears simple, but unfortunately, it is often ignored or taken for granted by investors.

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Latest

Top 10 performing stocks

  /   in Investors Forum   /   Comments

Nigerian-Stock-Exchange-(NS

On the top 10 performing stocks last week were the shares of R.T Briscoe Plc, Dangote Flour Mills Plc, UACN Property Development Plc, Ikeja Hotels Plc, Champion Breweries Plc and National Salt Company of Nigeria (NASCON) Plc.

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Latest

‘I don’t want to lose money’ (2)

  /   in Investors Forum 12:56 am   /   Comments

1000-naira-notes

It is possible to invest and not lose money. Examples abound of people who invested and did not lose money; hence the fear of losing money is not a justifiable reason for not investing.

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Latest

Top 10 performing stocks

  /   in Investors Forum   /   Comments

Nigerian-Stock-Exchange-(NS

On the top 10 performing stocks last week were the shares of Dangote Sugar Refinery Plc, P.Z Cusson Plc, Ikeja Hotels Plc, Okomu Oil Palm Co. Plc, Costain (West Africa) Plc, and Presco Plc. Others were Chemical and Allied Products, CAP Plc, Ecobank Transnational Incorporated, ETI Plc, NPF Microfinance Bank Plc and UACN Property Development

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Latest

‘I don’t want to lose money’

  /   in Investors Forum 12:24 am   /   Comments

1000-naira-notes

The series on “You can invest”, which dove-tailed into the one on “Why you are not investing”, received interesting responses from readers.

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Latest

Top 10 performing stocks

  /   in Investors Forum   /   Comments

File photo: The  floor of Stock exchange

On the top 10 performing stocks last week were the shares of UAC of Nigeria Plc, Guaranty Trust Bank Plc, Mansard Insurance Plc, Flour Mills of Nigeria Plc, N.E.M Insurance Co (Nig.) Plc and Lafarge Africa Plc.

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SEC okays Access Bank’s N52.6bn rights issue

  /   in Investors Forum   /   Comments

Access Bank Plc has secured approval of the Securities and Exchange Commission (SEC) to proceed with plans to raise N52.6 billion in a share sale as it pursues expansion and stronger cash reserves.

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Latest

Why you are not investing (2)

  /   in Investors Forum 12:43 am   /   Comments

”I have many responsibilities”. This is another reason why some people don’t invest. Most of the people that make this as excuse are usually middle or high income people.

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Latest

Top 10 performing stocks

  /   in Investors Forum   /   Comments

Nigerian-Stock-Exchange-(NS

Last week, the shares of Presco Plc, UAC of Nigeria Plc, Cutix Plc, Beta Glass Company (Nig.) Plc, Union Bank of Nigeria, UBN Plc and Custodian and Allied Plc enjoyed unalloyed patronage from the investing public, thereby emerging the most active stocks on the Nigerian Stock Exchange, NSE, in terms of price movement.

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Shareholders differ on Oteh

  /   in Investors Forum   /   Comments

File photo: The  floor of Stock exchange

The Securities and Exchange Commission (SEC) recently announced that its Director-General, Ms Arunma Oteh, has stepped down.

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Wilko Corporation to take over Avon Crowncaps …

  /   in Investors Forum   /   Comments

Avon Crowncaps and Containers (Nigeria) Plc has announced the intension of its majority shareholder, Wilko Corporation, to take up the remaining minority equities in the company.

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Latest

Shareholders share concerns for investemnet climate in 2015

  /   in Investors Forum 1:15 am   /   Comments

Nigerian Stock Exchange

Expectations for 2015 have risen for Shareholders who have investments in the Nigerian Capital Market as they expect to get better dividend.

However, hopes have been dashed as a result of economic and political issues spanning from Naira devaluation, recapitalisation of stock broking houses, the forth coming elections and others.

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NSE activity turns positive helped by blue chips gains

  /   in Investors Forum   /   Comments

Nigerian Stock Exchange

Activities on the Nigerian Stock Exchange, NSE, yesterday returned to the green zone after three days of continuous decline last week.

The upward movement was attributed to gains recorded….

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Latest

Top 10 performing stocks

  /   in Investors Forum   /   Comments

‘It is pertinent to state that there are two acceptable reasons why anybody should not invest. The first is if the person has accepted poverty as his destiny. The second is if the person is dead. Besides these two reasons, you can invest no matter the condition’

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Latest

Why you are not investing

  /   in Investors Forum   /   Comments

There is a saying that, it is the man that has eaten full that spends money to take pictures. It is good to enjoy some moment of relaxation, but it should not be at the expense of securing your future financially. You should not be spending money on frivolities when you have not ensured that you have put something aside to secure your tomorrow.

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Latest

Leadway denies defaulting on insured’s claims

  /   in Investors Forum 12:00 am   /   Comments

LEADWAY Assurance Company Limited has denied reports alleging a default on its part to meet the obligations on a purported policy under which a Nike Oladunni Omorodion is claiming for loss suffered following fire damage to a property at 8 Aduke Close, Maryland, Lagos.

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Latest

You can invest (2)

  /   in Investors Forum 1:48 am   /   Comments

economy

The challenge for some people is not savings but what to invest their saving on. While there are a host of investment options available, the reason for investing should guide your decision. For example, if your aim is to invest for children school fees, it is advisable you choose an insurance linked investment.

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Latest

Top 10 performing stocks

  /   in Investors Forum   /   Comments

File Photo: Crude Oil

On the top 10 performing stocks were the shares of Vono Products Plc, Champion Breweries Plc, Continental Reinsurance Plc, R.T Briscoe Nig. Plc, Caverton Offshore Support Services Plc and Seplat Petroleum Dev Co. Plc. Others were Omoluabi Savings and Loans Plc, Fidson Healthcare Plc, Aiico Insurance Plc and Guinness Nigeria Plc.

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2015: Bulls’ll come back and act again

  /   in Investors Forum   /   Comments

File photo: The  floor of Stock exchange

Shareholders are optimistic that bulls will return to the Nigerian capital market in 2015. Also, expectations are high given that for about seven years now, the insurance sector has not given dividend and bonuses but in this interview with investors’ forum, shareholders reveal that the insurance sector will give out dividend and more dividends will come from other companies.

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Latest

You can invest

  /   in Investors Forum 6:54 pm   /   Comments

*From right Mr Seyi Bickersteth Senior Partner KPMG Nigeria, Mr Andrew Michael, Global Chairman KPMG and Joseph Tegbe at a media chat in Lagos.

To some people, the word ‘investment’ sounds big and they see it as something for the educated, or the rich. This, however, is far from the truth. Investment is not the exclusive preserve of any class of people. It is something for everybody. So anybody can invest, and that includes you.

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Latest

Analysts rate NSE high despite challenges

  /   in Investors Forum   /   Comments

File photo: The  floor of Stock exchange

Despite challenges of consistent decline in international price of crude oil, fear surrounding the upcoming 2015 general elections and security challenges, the Nigerian Stock Exchange, NSE, has witnessed some improvement over time, says a report by BGL Plc.

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Recapitalisation deadline tomorrow

  /   in Investors Forum   /   Comments

Gbadebo

By Providence Obuh Deadline for increases in minimum capital requirements for capital market operators is tomorrow, December 31, 2014 as announced by the Securities and Exchange Commission (SEC) and a new minimum capital structure is expected to take off by January 1, 2015. Under the new requirements, stock broking firms in the country are expected

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On FG removal of VAT from stock market transactions

  /   in Investors Forum 12:20 am   /   Comments

Nigerian Stock Exchange

The Federal Government has approved the removal of Value Added Tax on all commissions on capital transactions two years after the announcement, shareholders in this interview speaks on the removal. Excerpts:

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